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Committee on Budgetary Oversight: Economic and Fiscal Position: Economic and Social Research Institute (7 Sep 2016)

Lisa Chambers: Housing has been debated at length. A concern of mine is the difficulty younger people face in getting into the housing market. Comments were made yesterday by Deputy Broughan about the impact of Central Bank rules on younger people. This is fuelling the rise in rents because people cannot afford to buy and it is preventing people from relocating to other areas. They may be staying at...

Committee on Budgetary Oversight: Economic and Fiscal Position: Economic and Social Research Institute (7 Sep 2016)

Lisa Chambers: What about the site tax?

Committee on Budgetary Oversight: Economic and Fiscal Position: Economic and Social Research Institute (7 Sep 2016)

Lisa Chambers: That is very helpful in putting the issue in context. My next question relates to the comments relating to labour supply. The witnesses touched on the child care subsidies and I am definitely interested in hearing more about that. Certainly, some of their research suggests that the recession hit women quite hard, with participation rates down for the first time in years. Child care is an...

Committee on Budgetary Oversight: Economic and Fiscal Position: Economic and Social Research Institute (7 Sep 2016)

Lisa Chambers: What about the human capital aspect of this?

Committee on Budgetary Oversight: Economic and Fiscal Position: Economic and Social Research Institute (7 Sep 2016)

Lisa Chambers: Are there any negative aspects to the introduction of a child care subsidy or some sort of tax incentive to assist with child care costs?

Committee on Budgetary Oversight: Economic and Fiscal Position: Economic and Social Research Institute (7 Sep 2016)

Lisa Chambers: I suppose the point Deputy Eamon Ryan was trying to make was that if one wanted to choose to take a break-----

Committee on Budgetary Oversight: Economic and Fiscal Position: Economic and Social Research Institute (7 Sep 2016)

Lisa Chambers: Yes, I suppose-----

Committee on Budgetary Oversight: Economic and Fiscal Position: Economic and Social Research Institute (7 Sep 2016)

Lisa Chambers: The current situation is that without adequate child care or some sort of financial break, there is no choice for the female because there is no real paternity leave available for the man in the relationship. Accordingly, it removes choice. It effectively removes the woman from the workplace without her having a choice. I was happy to hear the positive impacts across the board this one...

Committee on Budgetary Oversight: Economic and Fiscal Position: Economic and Social Research Institute (7 Sep 2016)

Lisa Chambers: My final question flows from the discussion on regional development and capital investment but specifically relates to broadband. I ask the witnesses to give their views on the delays in the roll-out of broadband, particularly to rural areas. How important is broadband provision in terms of productive infrastructure, attracting investment and growing our economy? Should we be investing...

Committee on Budgetary Oversight: Economic and Fiscal Position: Economic and Social Research Institute (7 Sep 2016)

Lisa Chambers: Holistic way.

Committee on Budgetary Oversight: Economic and Fiscal Position: Economic and Social Research Institute (7 Sep 2016)

Lisa Chambers: That is quite an interesting point. I have no further questions. I have already asked for additional documentation on the site tax but I would also be grateful if the witnesses would forward to the committee a more detailed document on child care subsidies and how they might work and be implemented.

Committee on Budgetary Oversight: Economic and Fiscal Position: Economic and Social Research Institute (7 Sep 2016)

Lisa Chambers: We are working to a tight deadline here.

Committee on Budgetary Oversight: Pre-Budget Statement: Irish Fiscal Advisory Council (13 Sep 2016)

Lisa Chambers: I thank Professor McHale for the comprehensive review. There has been much discussion at recent meetings of this committee about capital investment or the lack thereof in recent years. We have also discussed the low interest rates currently available on borrowing. Does the IFAC have a view on whether there should be leeway given within the fiscal rules for capital investment? What would...

Committee on Budgetary Oversight: Pre-Budget Statement: Irish Fiscal Advisory Council (13 Sep 2016)

Lisa Chambers: I thank Professor McHale for what was quite an extensive answer. He made reference to a positive net financial return from investment. Is there any leeway for us there if we can show that the investment will bring money back into the Exchequer over time? It is a concern that we are only just keeping up with the depreciation of the national capital stock. I feel that my question has not...

Committee on Budgetary Oversight: Pre-Budget Statement: Irish Fiscal Advisory Council (13 Sep 2016)

Lisa Chambers: That is a job for us to work on into the future at European level.

Committee on Budgetary Oversight: Pre-Budget Statement: Irish Fiscal Advisory Council (13 Sep 2016)

Lisa Chambers: That brings me to my final question. There is a theme throughout Professor McHale's document. He says that the Government should take advantage of the current relatively strong growth in revenue to eliminate the remaining budget deficit and accelerate the reduction in debt ratio, and that it should take also advantage of the current strong growth in the economy to reduce the debt to safer...

Committee on Budgetary Oversight: Pre-Budget Statement: Irish Fiscal Advisory Council (13 Sep 2016)

Lisa Chambers: That is a really important point that Professor McHale has just made - that we are at the upper limit of prudent policy, in his opinion, and that Supplementary Estimates throughout the year might bring us past a prudent position.

Written Answers — Department of Social Protection: Domiciliary Care Allowance Applications (16 Sep 2016)

Lisa Chambers: 682. To ask the Minister for Social Protection the reason for the delay in processing an application for domiciliary care allowance which was lodged at the end of April 2016 for a person (details supplied);; and if he will make a statement on the matter. [24520/16]

Committee on Budgetary Oversight: Current and Capital Expenditure: Minister for Public Expenditure and Reform (21 Sep 2016)

Lisa Chambers: The Minister touched on on-balance sheet and off-balance sheet spending. What planning has he and the Department done regarding potential off-balance sheet spending? I am thinking, in particular, of recent conversations about the Ireland Strategic Investment Fund, ISIF, and the NAMA reserve. The fund has €5.4 billion and the NAMA reserve amounts to €2.4 billion. There are...

Committee on Budgetary Oversight: Current and Capital Expenditure: Minister for Public Expenditure and Reform (21 Sep 2016)

Lisa Chambers: I know that in the case of social housing if rent payments were to be subsidised, that would bring it on balance sheet at a later date. I know about the difficulties being faced and my question was well answered. We need to try to do what we can to clarify the position and if the matter can be progressed, it should be because there is a substantial sum of money available to address the...

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